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Longping Hi-Tech is expected to lose more than 241 million yuan in the third quarter

 Last Update: 2021-10-20
 Source: Internet
 Author: User

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On October 14, Longping Hi-Tech, a seed industry company, issued an announcement stating that the first three quarters are expected to lose 298 million yuan to 339 million yuan, a year-on-year decrease of 0.

Longping Hi-Tech stated that the reason for the changes in the third quarter performance was the transfer of part of Longping Biotechnology (Hainan) Co.

At the same time, due to the impact of last year’s epidemic and national food security policies, some industrial companies of Longping Hi-Tech have advanced their sales this business year and increased their shipments before the year.

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